Autoblog

Ford to meet with dealers about future products, try to close stores

Chris Shunk — 2008-08-27T19:32:00+00:00

Filed under: Car Buying, Ford, Lincoln, Mercury

2008 has been a historically woeful year for the auto market, but Ford dealers have been in the crosshairs of a sales decline for over a decade. That brutal reality, along with financial incentives of up to $700,000 or more from the Blue Oval, has lead to the closure of over 500 dealers since mid-2006, and over 150 so far in 2008. To close still more dealers while giving remaining stores a heads-up of future happenings, Ford is embarking on a series of meetings with Ford and Lincoln Mercury dealers. Among the topics of discussion will be future products, product volume and market conditions.

Though Ford isn't stating publicly how many dealerships it wishes to close, the Blue Oval is hoping to have enough departures to make the remaining dealerships healthy. Ford would like to see Ford brand dealers with 1,500 sales per month and Lincoln Mercury dealers with 600 sales per month, which is far higher than what Ford's 3,900 stores are averaging now. To help entice dealers to hang up their plaid sport coats, Ford will be offering cash incentives, but Ford Market Representation Director David Kelleher is hinting that those deals won't last long.

[Source: Automotive News - sub. req'd, Photo by Scott Olson/Getty]

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Cheap, stylish ride: Oxymoron or attainable dream?

Chris Tutor — 2008-08-26T18:59:00+00:00

Filed under: Car Buying, Economy, Humor

Is it possible to buy a car that's both inexpensive and ultra cool? Can a $22,000 Toyota Prius really get you the same respect from the valet as a $70,000 BMW? That's what "Wired Magazine" wants to know, and they're asking readers to decide which of five relatively cheap cars they would feel coolest driving.

So far, the most expensive of the bunch, the Prius, is in third place with only 18% of the vote. Behind it with 11% is an early-'90s Volvo and a 25-year-old Mercedes 300 SDL. In first place, with a big lead over a used Ford Mustang, is a 1995-1997 Jaguar XJ6.

Really? Those are the only choices we get? For the price of that 2005 V6 Mustang, you could get yourself a real tire-smoking, V8-powered 1966 Mustang. Sure it'll need some paint, probably some fresh Bondo and maybe a transmission overhaul, but that builds character in both owner and car.

Or if you're not into power, don't even think about that wheezy Volvo. Go German instead, and get a classic VW Beetle. You'll pay more than what that boxy sedan cost, but the cool factor of the Bug will more than make up for it.

So what say you, Autoblog fans? What cheap transportation would you choose for its cool-boosting properties? Or is "Wired" right on the money?

[Source: Wired Magazine]

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BMW makes 2.1% price increase official

Michael Harley — 2008-08-26T15:58:00+00:00

Filed under: Car Buying, Euro, BMW

BMW made it official today, after we told you about it "unofficially" last week. As expected, the German automaker is raising prices across its model range an average of 2.1 percent for the 2009 model year due to "...significant structural and economic changes in the marketplace." Regardless, the direct price increase of vehicle MSRP doesn't tell the whole story. BMW has also increased pricing on popular options (the Sport Package is up $450 on the 335i sedan and coupe) and removed some standard features (the premium Logic 7 audio system is no longer standard on the 335i -- now it's an $875 option) driving the consumer's cost even higher than it initially appears. If that isn't bad enough news for those hoping to put a Roundel in their driveway, we are also hearing rumors that BMW's latest lease residuals and money factors aren't as sweet as they were over the summer. Check out all the pricing details in BMW's press release after the jump.

[Source: BMW]

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eBay Find of the Day: Texas dealer's replica BMW 135 tii

Dan Roth — 2008-08-24T14:37:00+00:00

Filed under: Car Buying, Concept Cars, Tuners, Auction Action, BMW

Click above for photo gallery

Now that BMW's 1-series has a solid presence on dealer lots, enthusiasts of the Roundel can start with lusty customizations that pay homage to the great BMWs of the past. In the case of this 135, we can say that BMW started it with its Concept tii that made the rounds in late 2007. Classic BMW in Texas plucked a 135i out of its stock for Projekt 1. Many of the "upgrades" that have been applied to the car are largely unneeded cosmetic geegaws like mirror covers and bodykit accents. We're down with the matte stripe job on the hood, and the vaguely described "retrofit front suspension" and performance exhaust system offer some tangible benefits; the exhaust even proves its worth with dyno sheets.

Basically, the exhaust and suspension are the only things on the list worth having, and those would cost about 5 grand, rather than the 12K price inflation this 135 is carrying. While we're sure Projekt 1 is a hoot to drive, we already have a hard time getting behind 1 Series pricing, no matter how brilliant the chassis is. Slapping a bunch of junk on it and bumping the price into the heady $50,000 neighborhood doesn't make it any more attractive. Still, if you want to have the most exclusive 135i on the social climber block, a Buy It Now of $55,372 will make it yours. Thanks for the tip, David!

Gallery: BMW 135 - "Projekt 1"

[Source: eBay]

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BMW bumps its prices for 2009

Chris Shunk — 2008-08-21T16:56:00+00:00

Filed under: Car Buying, BMW

High commodities prices and the unflattering value gap between the Euro and U.S. Dollar are forcing a lot of European automakers to bump their prices here in the States. We told you a few weeks ago that BMW was planning on raising the sticker price on many of its products, and now we're starting to see the extent of the damage. The price changes range from an increase of $600 on a 128i to $1,400 on an M6. The 335i received several MSRP increases, with the sedan going up by $800, the coupe by $1,200, and a raise of $1,300 for the convertible. The 328i sedan, meanwhile, rose $700 to an MSRP of $33,400.

Options also went up in price, as the dual clutch on the M3 has gone up by $200 making it a $2,900 option. The sport package for the 335i sedan and coupe has risen by $450, and some standard equipment like the Logic 7 Sound System has been nixed for 2009. Beginning in October, iPhone integration can also be had for $150. Since $150 is almost the price of the phone, that one smarts just a bit. To see more 2009 BMW pricing (except for the new 7-Series), hit the read link below.

[Source: BMW Blog, photo by rahims | CC 2.0]

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Deal of the Day: Employee Pricing means $10,000 off on 2008 Corvette Z06

Jeremy Korzeniewski — 2008-08-21T10:32:00+00:00

Filed under: Car Buying, Buick, Cadillac, Chevrolet, GM, HUMMER, Pontiac, Saab, Saturn

Wow, there are some great deals to be had at the moment from General Motors. Not the least of which is on the Corvette, specifically the Z06 model, which we've had nothing but good things to say about, even at its $72K asking price. Now that GM is offering all of its models at employee prices, that cost drops by about ten grand! A Z06 for $62,653? Yes please... if only our meager blogging budgets would allow it. Similarly, a Caddy XLR-V can be had for $84,771.80 -- about a $15,000 discount.

Need an SUV? May we suggest a Hummer H3 for about $23K? Those in the market for a luxury sedan could certainly do worse than a Cadillac STS-V for $66,640.88 after some $14K in savings. Of course, practical shoppers can take five-grand off their Saturn Aura XR sedan and end up paying just $21,634.28 for the privilege. We're having way too much fun with this and there is plenty of other news we need to cover, so visit this site, find your best deal and leave it in the comments. Update: fixed spelling mistake in the title, thanks guys!

[Sources: Kicking Tires, GM]

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All-new 2009 Honda Fit priced from $14,550

Michael Harley — 2008-08-20T13:28:00+00:00

Filed under: Car Buying, Economy, Hatchbacks, Honda

Click above for our high-res gallery of the 2009 Honda Fit Sport

Honda has announced that its all-new 2009 Fit, which we just drove for the first time, will go on sale next week with a MSRP starting at $14,550 (plus $670 destination), while the more premium Honda Fit Sport will start at $16,060 (plus destination). The standard powerplant will be a 1.5-liter i-VTEC 4-cylinder rated at 117 hp mated to either a 5-speed manual or 5-speed automatic (with steering-wheel-mounted paddle shifters on the Fit Sport). The five-passenger Fit also earned EPA fuel economy ratings of 28/35 (city/highway) with the automatic transmission, and 27/33 with the 5-speed manual or automatic in the Fit Sport. All models feature standard air conditioning, AM/FM/CD/MP3/WMA audio system with four speakers, power windows, power mirrors, and power door locks. The Fit Sport (shown above) adds alloy wheels, aero kit, alarm, keyless entry, and an upgraded audio system. In fact, the top shelf Fit Sport with navigation and a 5-speed automatic starts at $18,760, which makes it one of the greatest bangs for your buck in our book.

Gallery: 2009 Honda Fit Sport

[Source: Honda]

Continue reading All-new 2009 Honda Fit priced from $14,550

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GM adds 12-month/12,000-mile bumper-to-bumper warranty on certified used vehicles

Jeremy Korzeniewski — 2008-08-19T19:31:00+00:00

Filed under: Car Buying, Maintenance, GM

Now that leasing seems to be going through a slow phase-out, shoppers looking for a good deal on a newish vehicle may take a harder gander at certified pre-owned models. GM realizes this and has responded by ~~ambushing customers~~ increasing the warranty coverage on the CPO models for all of its brands, minus Cadillac which has its own program. The new warranty stands at 12-months or 12,000 miles and begins when the CPO purchase is made -- an increase of up to nine-months over the previous guarantee. Being a "bumper-to-bumper" warranty, everything excluding wear items like tires and brakes are covered for manufacturing defects. The powertrain warranty remains: five years or 100,000 miles from when it was sold as new.

GM hopes that this increased coverage has a corresponding effect on its CPO sales. What's more, the automaker also believes that this action will have a desirable effect on its vehicle's residual values.

[Source: Automotive News - sub. req'd]

Continue reading GM adds 12-month/12,000-mile bumper-to-bumper warranty on certified used vehicles

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Officially Official: Honda unveils updated 2009 Civic

John Neff — 2008-08-19T13:28:00+00:00

Filed under: Car Buying, Economy, Sedans/Saloons, Honda

Click above for high-res gallery of the 2009 Honda Civic LX-S

Just last weekend we brought you some leaked scans revealing the new face of the 2009 Civic, and today Honda makes it official by revealing all the changes made to its popular small car. As we've already learned, exterior changes include a new front bumper cover that reshapes the bottom curve of the grille and features three prominently placed, more traditional looking air intakes in place of the single large opening on 2008 and prior models. Honda also claimed it messed around with the color combinations of the headlights and taillights, but damned if we could tell. There's also new alloy wheels for the EX, EX-L and Si models, and the latter pocket rocket gets standard fog lamps, as well. The only other exterior change is a new piece of chrome that's been placed above the rear license plate holder. Finally, Honda has added two new trim levels: the LX-S that comes with alloy wheels and sporty trim and DX Value Package that gets standard AC and an unspecified audio system.

2009 Civics will also offer Bluetooth for the first time on models equipped with navigation systems, and the EX, EX-L, Hybrid and Si get a new USB port to plug in digital audio players. Honda has also chosen to make stability control, or what it calls Vehicle Stability Assist, standard on these models only.

We've got Honda's full press release after the jump if you think we're making all this up, and high-res galleries of the new '09 Civic LX-S and Civic Hybrid below.

Gallery: 2009 Honda Civic

Gallery: 2009 Honda Civic Hybrid

Continue reading Officially Official: Honda unveils updated 2009 Civic

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GM brings back employee pricing to sell remaining 2008 models

Merritt Johnson — 2008-08-19T10:29:00+00:00

Filed under: Car Buying, Marketing/Advertising, Buick, Cadillac, Chevrolet, GM, GMC, HUMMER, Saab, Saturn

It is no secret that the automotive industry is hurting for sales to close out 2008. Over the past few months incentives have been thrown out left and right to draw in more buyers. The deals have not done enough to bring folks into the showroom, though. With all the media talk of bleeding Detroit, consumers know that the domestic manufacturers have been holding out on their best offers. Perhaps the memory of 2005's employee pricing incentives has kept many waiting on the fence. With 2009 models heading to dealerships as we speak, General Motors is hoping to end the stalemate. It will be testing the waters of employee pricing yet again beginning Wednesday, August 20th and running through September 2nd.

The employee discount program will apply across all 8 GM brands. Buick, Pontiac and GMC dealers will mark down 91 percent of their inventory on all 2008 models, along with the 2009 Pontiac Vibe and G5, Chevy Cobalt and HHR and, surprisingly, the Cadillac CTS. Chevrolet dealers can unload 90 percent of their 2008 inventory with all 2008 models eligible for the employee price. Cadillac, Saturn, SAAB, Hummer will each have their own stipulations as well, but it is certain that the discount will be widespread. The price reduction varies from vehicle to vehicle, but is typically on order of a few thousand dollars. Additional incentives will also still be offered on some slower selling items, such as, you guessed it, trucks and SUVs. So the question is, will employee pricing get you off the fence and into a dealership?

[Source: GM]

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China may replace Germany as VW's top market

Chris Shunk — 2008-08-18T17:58:00+00:00

Filed under: Car Buying, China, Volkswagen

Volkswagen was one of the pioneers in infiltrating the booming Chinese market, and now the automaker's early efforts are paying off handsomely. VW is planning to sell over 1 million vehicles in the land of the Great Wall in 2008, which should mean that the automaker's China sales will surpass those in Germany for the first time ever. While that may make it sound like there's a problem with VW's Germany sales, it's more a testament to a 19% market share in a country with 1.4 billion people.

Volkswagen is also keeping the heat on the Chinese market, with 14 new vehicles scheduled for launch during the next two years. That's a substantially faster pace than the 11 products VW updated in the previous three years, and a big reason why sales will likely continue to rise. The automaker is turning a serious profit in China, and with products like the affordable and efficient up! on the horizon, Germany's volume automaker looks to be set up well in the worlds fastest-emerging market.

[Source: Automotive News - Sub. Req.]

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Diesel rush begins: VW Jetta TDI now being delivered

Jeremy Korzeniewski — 2008-08-18T15:05:00+00:00

Filed under: Car Buying, Hybrids/Alternative, Sedans/Saloons, Wagons/Estates, Green, Volkswagen

Lovers of both fuel mileage and torque can finally rest easy; Volkswagen of America is now officially selling its 50-State-approved, clean diesel engine in either the Jetta sedan for $21,990 or Jetta SportWagen wrappers for $23,590. Equipped with the six-speed DSG transmission, both Jetta gets an EPA rating of 29 miles per gallon in the city and 40 on the highway. We expect to see better real-world numbers, though we're a bit wary of VW's advertising its alternate rating of 38/44 -- a number that is impossible to compare with anything else currently available. In any case, the $2,000 premium for the TDI engine will be lessened somewhat by the Fed's $1,300 tax credit which applies to either TDI model. Look for an early test of the oil-burner on these pages shortly.

[Source: Volkswagen]

Continue reading Diesel rush begins: VW Jetta TDI now being delivered

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Ford slashing F-150 customization by 90 percent

Michael Harley — 2008-08-18T13:33:00+00:00

Filed under: Car Buying, Economy, Sedans/Saloons, Trucks/Pickups, Plants/Manufacturing, Commercial Trucks, Hatchbacks, Ford, Lincoln

Click on the pic above for our high-res 2009 Ford F-150 gallery

As staggering as it may seem, the 2008 Ford F-150 pickup can be ordered in billions of different combinations. That's all going to change for 2009. In an effort to reduce complexity and cut spiraling costs in the process, Ford will be slashing the number of possible F-150 configurations by 90 percent. The automaker isn't leaving the rest of the lineup alone either. The Ford Expedition goes from 250,000 combos down to fewer than 10,000. The 2009 Lincoln MKS debuts with about 300 combinations, and the 2010 Ford Focus will offer only about 150, which is 95 percent fewer than the current model. Are you in the market for a 2009 Ford F-150 and worried that you won't be able to get it exactly the way you want? Don't fret, Ford will still offer more than 9 million combinations for next year's model, including a brown one we presume.

Gallery: 2009 Ford F-150

[Source: Automotive News, subs. req'd]

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VIDEO: Schumi shows off Ferrari 430 Scuderia to customers

Noah Joseph — 2008-08-15T16:58:00+00:00

Filed under: Car Buying, Videos, Supercars, Ferrari

Click above to watch the video

Not that the deal would need to be sweetened, but buying the latest Ferrari supercar comes with perks. For a group of European customers who came to Maranello to take possession of their new 430 Scuderias, that included a hands-on advanced driving course to show them what their new rides could do. And who better to demonstrate the capabilities of the fastest car ever to lap Fiorano than the driver who helped develop it? Follow the jump and you'll find a video of Michael Schumacher glad-handing the millionaires and their new rides around Ferrari's private on-site test track, posting hot laps and drifting around the wet handling course. Prepare to be jealous.

Gallery: Frankfurt 2007: Ferrari F430 Scuderia

[Source: FerrariWorld channel on YouTube]

Continue reading VIDEO: Schumi shows off Ferrari 430 Scuderia to customers

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10 reasons why auto sales are dropping (besides the economy and fuel prices)

Dan Roth — 2008-08-14T19:31:00+00:00

Filed under: Car Buying, Etc., Opinion/Editorial

Think of it as the Carsumer Price Index; new car sales are under pressure from other factors besides fuel prices and economic slowdowns, much like the Consumer Price Index strips out the price of fuel and food and then makes a proclamation about the economy. At least that's the theory that Pinny Cohen posits. Who's Pinny Cohen? As far as we know, he's an average joe with an internet rostrum and a budding web entrepreneurship who makes some salient points. He's also an Autoblog reader and he's got something to say, so we thought we'd share.

If it's not $4/gallon gasoline or economic stagnation that's putting the brakes on car sales, what else could it be? Cohen posits that the better construction of cars these days, a glut of leases that have led to a tsunami of used cars, and online shopping and telecommuting keeping people home are all contributing factors, says Pinny. Something's got to give for consumers, and new car sales seem to be the weakest link. Every automaker will eventually accept these facts, but the question is whether some will have to close up shop in order to realize that it's a brand new day of decreased production. Check the link to read Cohen's thoughts and let us know if you agree or think of more reasons why besides the crappy economy and high gas prices that new vehicle sales are down.

[Source: PinnyCohen.com, Photo: DealerConnection.com]

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Man buys truck with change, LOTS of change

Dan Roth — 2008-08-14T10:29:00+00:00

Filed under: Car Buying, Trucks/Pickups, Etc., Chevrolet

I once bought an ice cream cone with two fistfuls of pennies. It did not make me popular on that busy summer's day many years ago, but I got my sugar cone with a scoop of Black Raspberry. A 70-year-old Ohio man recently bellied up to the bar at his local Chevrolet dealer and allowed them to count $8,000 worth of coins as a down payment for a new Silverado. James Jones was badly injured by his last truck, a 1981 Chevy that ran him over when the parking brake failed, so it was time to put the old girl out to pasture. After the dealership spent an hour and a half counting through the various coinage in the 16 coffee cans that Jones presented, he got his truck. The full price of the truck was closer to $16,000, so whichever company is financing the truck should go out and buy a coin counter right now. You see, Jones explains that he just doesn't like banks, and wisely realizes that paper money will burn, so he kept his savings in coins all this time. When he says he bought his truck for pennies, he really means it. Thanks for the tips, everyone!

[Source: Cincinnati.com, Photo by Darren Hester | Creative Commons]

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2009 Dodge Ram priced from $22,170

Jeremy Korzeniewski — 2008-08-13T12:59:00+00:00

Filed under: Car Buying, Trucks/Pickups, Dodge

Click above for high-res gallery of the 2009 Dodge Ram

Dodge has a tough road ahead when it comes to selling the redesigned 2009 Ram. Though fuel prices have indeed dropped a bit in the last few weeks, consumers surely still have cash registers ringing in their heads when thinking of large V8 engines and four-wheel drive. So, to ease the newest Ram into the market, Dodge has decided to lower its price a bit compared to the outgoing model while also adding some unique and heretofore unavailable content to the mix. The dealings will start at $22,170 for base models with the regular cab, $26,225 for Quad Cab models and $32,530 for Dodge's first-ever Crew 1500 models. Opting for a top-end Laramie Ram Crew 1500 4x4 will cost you $44,140, which is on par with other top-of-the-line competitors from Ford and GM. Engine options include a revised 390-horse 5.7-liter HEMI, which will allow the quickest Ram to make it to 60 mph in less than six seconds, while a 310-horsepower 4.7-liter V8 and an anemic 3.7-liter V6 with just 215 horses on tap brings up the rear. See the full pricing breakdown after the break.

Gallery: 2009 Dodge Ram

[Source: Chrysler LLC]

Continue reading 2009 Dodge Ram priced from $22,170

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First two Dodge Challenger SEs delivered to Ohio this week

Chris Shunk — 2008-08-13T08:58:00+00:00

Filed under: Car Buying, Coupes, Chrysler, LLC.

If you want to sport a Dodge Challenger without the fire-breathing V8 or the hefty price tag, the time to act is now. The first two Dodge Challenger SE models have arrived in Ohio this week, and 500 models are en-route to dealerships in the U.S. and Canada as you read this. The SE Challenger packs Chrysler's ho-hum 3.5L V6 with 250 horsepower and a truly retro four speed automatic, but the news is far from all bad. You still get the Challenger's muscular looks, power flowing through the rear wheels, and a hard to beat entry price of only $21,995. You probably won't win many races, but at least you won't be driving an Avenger. Seriously, though, the Challenger SE charmed us at the 2008 Chicago Auto Show where it debuted with a simple proposition: cheap, rear-wheel-drive fun on four wheels.

Gallery: 2009 Dodge Challenger SE - Live Reveal

[Source: Red Letter Dodge]

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Surprise! - well, not really: Insight, Prius top Consumer Reports most frugal used cars

Dan Roth — 2008-08-11T18:28:00+00:00

Filed under: Car Buying, Economy, Hybrids/Alternative, Green

If you're already stretched paper thin under the financial weight of a thirsty, expensive vehicle, getting out of it for something more fuel efficient might seem like an unattainable dream. Fear not, the smarties over at Consumer Reports have rightly pointed out that since depreciation accounts for nearly half of the cost of a car during its first five years of ownership, buying a used miser is the best way to save money and resources.

The usual suspects top CR's lists; both the under $10,000 and $10,000-$20,000 categories are dominated by Toyota and Honda products. Honda's Insight is deemed the zenith of $10,000 sippers, with the '01-'02 Prius right on its heels. For the higher-price category, the first two slots are occupied by the Prius, and Honda's Civic Hybrid takes the next two seedings. Rankings are based on CR's own fuel economy tests, done with a flow meter and repeatable drive cycle, and overall assessments of the vehicle's quality and reliability likely play big roles in how the list was compiled. It is also noted that older vehicles may be missing out in some more modern features like stability control and side-curtain airbags, but that may be more of an issue for the under $10,000 set, which stretches back to vehicles from the late 1990s. Hybrids might be tough to secure right now, especially for a reasonable price, but going used might allow you to ease your consumption while dodging a high-buck purchase to do so.

[Source: Consumer Reports]

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VIDEO: Kia Forte eats a Bentley, yum!

Dan Roth — 2008-08-11T15:31:00+00:00

Filed under: Car Buying, Etc., Marketing/Advertising, Videos, Bentley, Kia

Kia's hungry for your business, which explains the pending arrival of the Forte. The Spectra is a good car, but blends in far more than the attractively turned out Forte. It seems the Forte also has an appetite, and it's for the good stuff. Kia wants to bolster its image, so what better way than a clever commercial that infers that inside the Kia is all the goodness of a partially digested Bentley? Of course it's hyperbole, that's why it's so cool! Video embedded after the jump. Thanks for the tip, Alberto!

[Source: kia-world.net]

Continue reading VIDEO: Kia Forte eats a Bentley, yum!

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